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The Week Ahead

Light week in terms of economic data by FXstreet.com

The FX market will have a relaxed week, with few important releases, mainly coming out from the Euro-Zone, and the market should be paying attention to other factors, as the economic front does not look to cause a big deal of volatility during the week.

On Monday, UK's money supply & liquidity data are the two main issues to watch throughout the day.
On Tuesday, the Bank of Japan will release the min utes for the last meeting, where no surprises with respect to the rethoric used are expected. However, the important data of the day is the ZEW Survey coming from Germany in European morning time.
On Wednesday, the Bank of England minuts will capitalize all the attention from traders worldwide. Industrial new Orders in the Euro-Zone is the other highlighted event of the day.
On Thursday, the US will add some volatility tot he amrkets with its Durable Goods orders. Before that, and out of Germany we will know the IFO business climate survey, an indicator that usually causes market's volatility pick-up.
Finally, on Friday, German consumer confidence, and UK GDP (probably the biggest economic evnet of the week) will capiptalize the attention, with housing Data coming out from the US to complete an overall relaxed week.

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Fri, May 18 2007, 15:11 GMT

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